08 December 2010

Barry Plant - Real Estate Fraud

In the mass media, it has been revealed that real estate agents fudge the figures in terms of sales.

In every state of Australia, realtors are required to lodge their sales figures to the respective state's authority (e.g. REIV - Real Estate Institute of Victoria).

The figures are then collated, and as a result all sorts of statistics are formed. Statistics include house pricing trends, and actual house prices.


The claim in the mass media is that for the previous month approximately the sale of 90 houses has been omitted from reports.


Barry Plant Real Estate Agents, have published a house price contrary to the wished of the owners, and at a price lower than what the owners have stated they wanted.

The instructions given to Barry Plant, were clear and concise.

Barry Plant has chosen to ignore the customers requests, instead publishing a price for the property it desired.

The occurrence of fraud in Australia, is a common as it is anywhere in the world.

Depending on the mass media's agenda not all crimes are reported.

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